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20121001
20121009
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or an individual tech fund. it is getting hit hard today. talking about a very challenging environment. giving an outlook that was somewhat of a cautious one. we are think that down 8.6%. that is a huge move. almost at a ten year low. i also want to take a look and flipped the arrow around. that is for netflix. it has been a top performer for the s&p 500. number one spot right now. citigroup reiterated their by rating on netflix. in a note to clients. it is up almost 8%. back to you. melissa: thank you so much. lori: western union. transfer, first commercialmoney satellites and even the first singing telegram. what is a 160-year-old company doing to stay current in this economy? we have the ceo of western union with us now. welcome to you, sir. >> thank you. lori: one thing you are doing is participating in this event to incorporate responsibility. education is the main reason people spend money around the world. >> about 21 transactions a second. we moved about $150 billion yearly. the main reason for the people moving money from one country to another country is education, supporting their l
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jobs in this environment. >> moderator: back to the taxes thing for a moment. romney: okay. >> moderator: mr. president? obama: we've had this discussion before. >> moderator: the idea that in order to reduce the deficit, there has to be revenue in addition to cuts. obama: now, governor romney has ruled out revenue. he's ruled out revenue. romney: absolutely. look, the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth and how we balance the budget, but the idea of taxing people more, putting more people out of work, you'll never get there. you never balance the budget by raising taxes. spain, spain spends 42% of their total economy on government. >> moderator: okay. romney: we're now spending 42% of our economy on government. i don't want to go down the path of spain. i want to go down the path of growth that puts americans to work with more money in because they're working. >> moderator: but, mr. president, you're saying in other words -- in order to get the job done, it's got to be balanced. obama: if we're serious, w
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